Income Tax : The reform consolidates TDS provisions into a structured system and introduces digital compliance mechanisms. It enhances clarity,...
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : The framework permits taxpayers to settle offences by paying prescribed compounding charges instead of facing prosecution. It clar...
Income Tax : CBDT amended Income-tax Rules to include crypto-assets and digital financial products in CRS reporting. The move expands disclosur...
Income Tax : The Draft Income-tax Rules, 2026 require salaried taxpayers to disclose their relationship with landlords, enabling enhanced scrut...
Income Tax : A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments wit...
Income Tax : CBDT signed a record number of APAs to provide clarity on transfer pricing and reduce disputes. The framework ensures advance dete...
Income Tax : The Government stated that representations on own merit promotions are examined regularly as per existing rules, with no separate ...
Income Tax : Draft Income-tax Rules and Forms have been released for public feedback before the new law takes effect, with inputs to shape the ...
Income Tax : Following judicial criticism of delayed appeals, officers urged structural reforms to fix institutional gaps rather than penalisin...
Income Tax : The Tribunal observed that CBDT instructions prohibit the AO from examining issues beyond the specific reason for limited scrutiny...
Income Tax : Bombay High Court held that delay in filing Form No. 10 for claiming accumulation under Section 11(2) should be condoned where gen...
Income Tax : Court found that the appellant failed to clearly identify which exceptional clause applied. Since the tax effect was below Rs.2 cr...
Income Tax : The issue was whether jewellery found during search can be taxed despite CBDT limits. ITAT held that jewellery within prescribed l...
Income Tax : The case examined whether scrutiny selection without meeting CBDT conditions was valid. The ITAT held that failure to satisfy mand...
Income Tax : CBDT has instructed tax officers to uniformly apply Sections 68 to 69D and Section 115BBE after a C&AG audit found inconsistencies...
Income Tax : The Income Tax Department increased monetary thresholds for assigning cases between ITOs and D/ACITs in Delhi Region. The revised ...
Income Tax : The notification requires payers to generate UINs and file quarterly details of declarations even where no tax is deducted. It enh...
Income Tax : Explains the CBDT notification granting section 10(46) exemption to a district legal services authority and the categories of inco...
Income Tax : The Central Government notified an urban development authority under section 10(46A) of the Income-tax Act. The exemption applies ...
Notification No. 70/2024 extends the deadline for tax exemptions under Section 10(23FE) of the Income-tax Act, 1961, to March 31, 2025.
Explore Notification No. 69/2024 from the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) on Income Tax Act amendments effective from April 1, 2024.
Learn about the latest amendment under Notification 68/2024 by the CBDT, extending the deadline for Sec 10(23FE) benefits to March 31, 2025.
Notification No. 67/2024 extends the tax exemption deadline under Section 10(23FE) of the Income-tax Act, 1961, from March 31, 2024, to March 31, 2025.
Notification No. 66/2024 extends the tax exemption deadline under Section 10(23FE) of the Income-tax Act, 1961, from March 31, 2024, to March 31, 2025.
Read about Income Tax Notification No. 65/2024 dated 18th July, 2024, amending provisions under section 10 of the Income-tax Act, 1961. Understand changes effective from April 1, 2024.
Explore Notification No. 62/2024 issued by the Ministry of Finance, Department of Revenue, amending Income Tax Act provisions effective from April 1, 2024, to March 31, 2025.
Explore Notification No. 61/2024 regarding Income Tax Amendment under the Income-tax Act, 1961, effective from 31st March, 2025. Get insights into changes made by the Ministry of Finance, Department of Revenue.
Explore the latest amendment under Notification No. 59/2024 by the Ministry of Finance, Department of Revenue, impacting Income Tax Act 1961.
Explore Notification No. 57/2024 by Ministry of Finance, Department of Revenue, on Income Tax Act amendments effective from April 1, 2024.
